Latest Intel ME Consumer Firmware Update: Importance and Update Steps.

Users who are interested in updating to the latest Intel ME Consumer Firmware (16.1.32.2473) may have the following questions: 1) Why should I update to the latest Intel ME Consumer Firmware? 2) How to update the Intel ME Consumer Firmware safely and efficiently? 3) Are there any effects to the system or other programs after updating the Intel ME Consumer Firmware? 4) What are the requirements or pre-requisites?